Secure a new home at The Quarters with a deposit as low as £7,500
There’s a fantastic opportunity for property-seekers to snap up a delightful two-bedroom house with just a 5% deposit at The Quarters, Taylor Wimpey’s sought-after development in Colchester.
The Government’s new Help to Buy shared equity scheme enables first-time buyers and existing homeowners the ability to secure their new home at The Quarters for 80% of its full price, with only a 5% deposit.
This means the stunning ‘Hythe’ 2 bedroom terraced home, for example, can be secured under Help to Buy for an 80% shared equity price of just £119,996 (full price £149,995) including a 5% deposit as low as £7,500.
However, with high levels of interest in the new homes ready to reserve now at the development, anyone hoping to take advantage of this incredible opportunity is advised to act without delay to avoid missing out.
Michael O’Leary, Regional Sales and Marketing Director for Taylor Wimpey, says: “Help to Buy offers both first-time buyers struggling to save a large deposit and home-owners with limited equity in their existing property a unique opportunity to move much sooner than they might have thought possible.
“Purchasers can take their pick from a superb selection of homes at The Quarters available with Help to Buy, which can be used for properties up to £600,000. However, we have already experienced considerable interest in this fantastic initiative, so anyone wishing to take advantage of the offer should be quick to avoid disappointment.”
Among the houses available under Help to Buy, there is a choice of two, three and four bedroom homes, starting from £149,995.
All new homes at the development are completed to the same high standard specification, including central heating and a fitted kitchen with integrated oven, hob and hood.
As an alternative to the Help to Buy scheme, the NewBuy initiative gives credit-worthy purchasers in a variety of circumstances the chance to access their ideal home at The Quarters with a 95% mortgage.
Situated in a peaceful location to the south of Colchester town centre, The Quarters lies within reach of several schools and a nationally acclaimed sixth-form college. Shops and sports facilities are close at hand, while Colchester town centre is easily accessible and the coast at West Mersea is just seven miles away.
Meanwhile, commuters will appreciate good rail and road links to Chelmsford, Brentwood and London, and to Ipswich, Bury St Edmunds, Cambridge and the Midlands. For those travelling further afield, Stansted Airport is 35 miles from the development.
Property-seekers hoping to secure a home with a low deposit at The Quarters should visit the Sales and Marketing Suite, located in Hooper Avenue, off Berechurch Hall Road, Colchester, and open Thursday to Monday from 10am to 5.30pm. Alternatively, log on to taylorwimpey.co.uk/eastlondon.
